Management Accountant

Recruiter
FRS Ltd
Location
Coventry
Posted
23 Apr 2019
Closes
26 Apr 2019
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

FRS are delighted to be supporting a global organisation with the recruitment of an experienced Management Accountant. Your day to day duties will consist of the below and there is real opportunity to grow with the business as they can support professional studies and cater to further training requirements. This is a truly fantastic business to be on board with!

Month End
• Preparation and production of accurate monthly management accounts which achieved the Group reporting timetable and standards
• Highlighting key financial issues through strong analysis and financial support
• Preparation of accruals and prepayments covering, but not limited to revenues, un-invoiced accruals, credit note reserves, access costs, direct costs and overhead journals
• Preparation of strong, relevant and timely variance analysis
• Accurate production of balance sheets and ensure of effective controls are in place
• Ensuring controls are robust, with weaknesses identified and processes improved to rectify
• Ensuring Revenue Assurance methodologies are applied and adopted in financial routines

Reporting
• Production and management of an accurate weekly flash report ensuring results are understood, discussed with stakeholders and supported by strong analysis with key issues communicated
• Production and management of the monthly financial reporting packs and scorecards, with the business performance understood, communicated to the business and supported by strong, effective and relevant analysis
• Providing key management information, in a timely, accurate and consistent manner, which would include, but is not limited to customer trading, costs analysis, product and customer margin reports
• Automation and enhance reports where possible and make the best use of systems
• Utilising the management information data warehouse through power pivot to maximise business understanding and trends

Commercial/Operational Support
• Produce ad hoc reports which supports the business needs based on emerging issues from the weekly/monthly results
• Analysis of operational performance to ensure costs are managed and understood
• Production and input into customer profitability ensuring mode of operation is understood and appropriately recorded in the customers profit statement
• Monitoring and understanding product and customer margins with key issues highlighted and communicated to the business
• Support the development of accounts not trading to profile
• Assist in the production of customer profitability statements as and when required

Budgets/Forecasts
• Production of the forecast and budget processes to agreed timetables ensuring these achieve the set Group timetable and standards. It involves identifying commercial risks and opportunities and challenging senior stakeholders
• Support the production of the financial planning packs to support business understanding of the proposed plans
• Produce ad hoc analysis to support emerging trends which facilitates validation on the financial plans
• Ensuring customer volume plans are understood and phased accordingly to support effective monitoring

Other
• Identify process improvements and implement where appropriate
• Strong financial support for the Business units
• Ensuring processes are regularly reviewed and improvements implemented
• Involvement in projects and planning where appropriate
• Ensuring the transfer of data between systems is reconciled and key issues highlighted to management, ensuring revenue assurance methodologies are applied
• Providing ad hoc support to Senior Finance staff and Execs as and when require
• Provide specific cover for the accounting team in time of absence

Experience, Knowledge and Skills:
• Can engage with and appropriately challenge stakeholders within and outside the department, while maintaining a good working relationship
• Can work with finance and non-finance staff to identify root causes of problems and can recommend and implement solutions
• Can read the need for accuracy against timeliness and can work under pressure
• Strong experience in Management Accounts
• Eye for Detail
• Demonstrates an inquisitive nature alongside strong analytical skills

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